AB Akola Group

Major Shareholding Notification • Nov 26, 2020

PERSON NOTIFICATION ON THE ACQUISITION OF THE VOTING RIGHTS

1. Issuer's name, legal person registered number, registered office address, state LINAS AB, 147689083, S. Kerbedzio St 23, Panevezys, Lithuania

2. Reasons for crossing the declared threshold (tick the relevant box(es)):

[X] Acquisition or [] disposal of the voting rights

[ ] Acquisition or [ ] disposal of financial instruments

[ ] Event resulting in the change of the held amount of the voting shares

[ ] Other (indicate a relevant reason, e.g., change of classification of the nature of the holding (e.g., expiration of validity of financial instruments), acting jointly, other reasons):

1. Details on the person who is subject to the obligation of notification (by exceeding the specified limits in the descending or the ascending order)¹

Name and surname or name of legal

Registered office address of legal person Partizanu St 216-77, LT-50319 Kaunas, Lithuania

person Vasana UAB

1. Name and surname or name of shareholder (applicable in the cases referred to in Article 26(1)(2-10) and Article 26(2) of the Law, if different from the person referred to in item 3. Every person whose votes are to be calculated together with the votes of the person referred to in item 3 should be indicated, with specifying the amount and the share in per cent of the voting rights directly held by each of such persons):

2. Declared threshold and date of crossing it (e.g., date of acquisition or disposal of the shares; date of any other reason causing the obligation of notification to arise; in cases of a passive crossing of the threshold, the date of share-related event): 30 %, 20/11/2020

3. General positions of the persons who are subject to the notification obligation:

	Voting rights granted by the shares, % (total 7. A)	Voting rights granted by means of financial instruments, % (total 7. B.1 + 7. B.2)	Both in total, % (7. A + 7. B)	Total amount of issuer's voting rights2
Present situation upon crossing or reaching the threshold	39.78	0	39.78	24,038,990
Position of the previous notification (if applicable)	-	-	-	-

7. Information on the present situation upon crossing the threshold:3 A: Voting rights granted by shares
					Class/ type
of shares ISIN code	Directly (Article 25 of the Law)	Indirectly (Article 26 of the Law)	Directly (Article 25 of the Law)	Indirectly (Article 26 of the Law)
LT00001006 61	9,563,118	0	39.78	0
SUBTOTAL	9,563,118	0	39.78	0
A

B 1: Financial instruments which upon expiration of the buy-up term as agreed officially shall grant the right or possibility to acquire shares granting the voting rights already issued by the issuer (Article 27 of the Law)

Financial instrument	Expiration date of the term5	Period for usage/ conversion6	Amount of the voting rights which may be obtained if the instrument is used / converted	Voting rights, %
		SUBTOTAL B.1

	similar economic effect (Article 27 of the Law)	B 2: Financial instruments linked to the financial instruments referred to in item B1 and having a
Financial instrument	Expiration date of the term5	Period for usage/ conversion6	Settlement in kind or in money7	Amount of the voting rights	Voting rights, %
			SUBTOTAL B.2

1. Details on the person who is subject to the obligation of notification (tick the relevant box):

[] A person who is subject to the obligation of notification is not controlled by any other natural or legal person and does not control any other undertakings that directly or indirectly have the issuer's voting rights (if a person who is subject to the obligation of notification is controlled by and (or) controls other undertaking, the second option is to be marked)

[X] The entire chain of controlled undertakings by means of which the voting rights and (or) financial instruments are managed, starting with the main controlling natural or legal person⁸ :

Name and surname / name9	Voting rights,% (if they amount to the threshold mandatory of notification or cross that threshold)	Voting rights by means of financial instruments, % (if they amount to the threshold mandatory of notification or cross that threshold)	Total of both voting rights, %(if they amount to the threshold mandatory of notification or cross that threshold)
Egle Kauneckiene	39,78	0	39,78

1. Details in case of voting by proxy:

2. Additional information:

Correction of the notification of 20/11/2020

Completed in Vilnius on 25/11/2020